Short Cocoa at 10,000
The cocoa market is in the mania phase.
Shorted at 10,000 in small size (2%), just one small position in the macro book, can only lose 2% even if it doubles in value from here!
Caveat emptor. Target much lower over coming months.
Shorted at 10,000 in small size (2%), just one small position in the macro book, can only lose 2% even if it doubles in value from here!
Caveat emptor. Target much lower over coming months.
註釋
Taken profits on short cocoa despite view of lower prices longer term. 25% profit in 5 weeks is decent and can put the capital to work elsewhere.
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